Fioney Staff, Author at Fioney - Page 105 of 155

Fioney Staff

Fioney aims to help guide you to make the best decisions when it comes to the ever changing worlds of personal and small business finance.
Coronvirus and the Future of the Economy Survey
Personal Finance News

Life After a Pandemic: Americans Weigh in on Potential Financial Changes

by Fioney Staff
With more and more states moving toward phased reopenings, how are taxpayers feeling about potential life after the pandemic — and what financial and lifestyle changes do they anticipate? That's what a new survey from the site WalletHub aimed to answer. One major change that the current crisis could inspire is a move to more remote work. In fact 29% of those surveyed stated that they intend to pursue a...
group of people sitting discussing what's on a cell phone
FinTech News

Gemini Crypto Exchange Support Added to Samsung Blockchain Wallet

by Fioney Staff
Over the past few months, electronics giant Samsung has quietly become a significant cryptocurrency supporter. This most notably includes the launch of the Samsung Blockchain Wallet, which is available on newer model Samsung Galaxy devices. This week the company took that product to the next level, announcing that the Samsung Blockchain Wallet would offer integration with the Gemini crypto exchange app. Prior to this announcement, Samsung Blockchain Wallet allowed users...
Results of survey of small business owners on re-opening
Small Business News

Are Small Businesses Financially Ready to Reopen?

by Fioney Staff
Following weeks of mandatory shelter-in-place orders that forced the closure of many "non-essential" businesses across the country, phased reopenings have begun in several states and cities. That may sound like great news for small business owners who have been unable to operate for months. However, the financial realities of reopening may complicate the decision whether or not to resume businesses. According to a recent survey conducted by LendingTree, 60% of...
Stackin'
FinTech News

Stackin' Announces $12.6 Million Funding Round

by Fioney Staff
Despite concerns that the FinTech deals were slowing before the pandemic and would continue to slip as a result of shifting economic conditions, news of startups investments continue to roll in. This past week, Stackin' announced that it had raised $12.6 million in a funding round led by Octopus Ventures. The Series B also brought participation from new and existing investors such as Experian Ventures, TechStars, Cherry Tree Investments, Mucker...
Personal Finance News

14% of Americans Report Tapping Retirement Savings During Crisis

by Fioney Staff
During a time when most Americans are adapting to a "new normal," they may also be making adjustments to their finances — including to funds they'd normally set aside for retirement. As part of the CARES Act, workers can now borrow a larger portion of their retirement savings (the lower of 100% or $100,000 versus the normal 50% or $50,000 limit). Additionally, the 10% penalty that is typically assessed to...
SoFi and Samsung debit card and app
FinTech News

Samsung Launching Debit Card Product with SoFi

by Fioney Staff
Even in our "new normal," the FinTech SoFi continues to make a splash. Not only has the company debuted several new products in recent months but has also revealed a handful of acquisitions and partnership. The latest on that latter list is Samsung. This week, the companies officially unveiled what's being dubbed "Samsung Money by SoFi." The upcoming product promises users higher-interest earning, savings and money management tools, and more...
avatars of young people
Small Business News

Survey Finds Two-Thirds of Teens Interested in Entrepreneurship

by Fioney Staff
Could the coronavirus pandemic and the economic hardships that have come with it serve to discourage future business owners? According to a recent survey conducted by Junior Achievement USA and the Brian Hamilton Foundation, maybe not. The latest survey sought to discover what students aged 13 to 17 thought about entrepreneurship. What it found was that 66% of respondents said they were "likely" to consider starting a small business when they...
Spruce screenshot
FinTech News

Real Estate Tech Company Spruce Raises $29 Million

by Fioney Staff
One recurring theme in the world of FinTech has been the ability to conduct virtual, digital transactions whereas in-person meetings were once required. While these innovations first replaced simple functions such as sending money directly to a friend or family member, they've grown to include more complex transactions, such as buying real estate. That's where the company Spruce comes in — and, this past week, the firm got a boost...
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Checking Account Review

2025 SoFi Checking and Savings Review

by Kyle Burbank
 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...